Kenya Association of Manufacturers (KAM) has today reaffirmed its commitment to poverty alleviation and bridging inequality in the country.
This was during the launch of its Environment, Social and Governance (ESG) arm, uKAMilifu. It shall host all the Association’s social impact efforts and initiatives that bolster its mandate as the credible voice of industry.
Speaking during the launch, Principal Secretary for Youth Affairs, Ministry of ICT, Innovation and Youth Affairs, Mr Charles Sunkuli expressed G
“uKAMilifu is crucial towards complementing our efforts in alleviating poverty and empowering our society. Government initiatives have opened opport
KAM Chairman, Mr Mucai Kunyiha noted that in as much as the manufacturing sector aspires to create jobs and generate wealth in its endeavour to alleviate poverty and bridge inequality in the country, at times, the high cost of production and high taxes make it difficult for local industries to support their communities.
“When the cost of production goes up and the business environment becomes unbearable, industries are forced to shrink their operations or move to other countries, to stay afloat. This means job cuts and increased dependency on the few people still earning an income. Consequently, the poverty and inequality gaps wi
Mr Kunyiha reiterated the importance of a stable and predictable fiscal and regulatory
KAM Director and uKAMilifu Patron, Ms MaryAnn Musangi noted that the initiative renews KAM’s connection with humanity, inventions and the future.
“uKAMilifu is a Swahili word that means Complete or Wholene
Senior Advisor, UN Strategic Partnerships and Coordinator SDG Partnership Platform Mr Arif Neky, highlighted the need for enhanced partnerships towards achieving development goals, saying, “Every year, we have a 4 trillion US Dollar gap in funding for the Sustainable Development Goals globally. This calls for the convergence of all partners to work together, and uKAMilifu provides such a key platform, especially because Africa provides the next frontier for shared prosperity.”
The Association shall drive uKAMilifu through 4 main pillars:
A Green World – An industry that seeks to restore and replenish the environment in its approach.
A Futuristic World – Creating a difference in the future of work and access to technology.
An Inclusive World – Achieving our economic goals by embracing diversity.
A Sustainable World – Bringing in more young people to share in industry’s vision through their innovations and appealing to their always evolving cultures.